Hanesbrands downgraded by Wells Fargo with a new price target
$HBI
Clothing/Shoe/Accessory Stores
Consumer Discretionary
Wells Fargo downgraded Hanesbrands from Overweight to Underweight and set a new price target of $5.00 from $13.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/26/2024 | $9.00 → $11.00 | Neutral → Buy | UBS |
| 11/10/2022 | $10.00 → $7.00 | Outperform → Neutral | Credit Suisse |
| 10/31/2022 | $13.00 → $5.00 | Overweight → Underweight | Wells Fargo |
| 7/13/2022 | Outperform → In-line | Evercore ISI | |
| 6/8/2022 | $18.00 → $13.00 | Overweight → Equal Weight | Barclays |
| 5/6/2022 | $26.00 → $13.00 | Buy → Hold | Stifel |
| 2/4/2022 | $26.00 → $23.00 | Outperform | Credit Suisse |
| 10/15/2021 | $24.00 → $22.00 | Overweight | Wells Fargo |
SC 13G - Hanesbrands Inc. (0001359841) (Subject)
SC 13G/A - Hanesbrands Inc. (0001359841) (Subject)
SC 13G/A - Hanesbrands Inc. (0001359841) (Subject)
Board Initiates Search for Hanes' Next CEO Steve Bratspies to Continue as CEO and Director Until Year-End or Successor Appointed HanesBrands (NYSE:HBI), a global leader in iconic apparel brands, today announced that Steve Bratspies will depart as Chief Executive Officer of the Company at the end of 2025, or upon the appointment of his successor. As part of the Company's leadership succession planning process, the Board has begun a comprehensive search to identify the Company's next CEO and has retained Spencer Stuart, a leading executive search firm, to support its work. Bratspies will step down from the Board of Directors concurrent with the end of his tenure as CEO. He will stay on in
HanesBrands Inc. (NYSE:HBI) today provided details for its fourth-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, February 13, 2025. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended December 28, 2024. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIf1103633125944b797acafd899af3816 Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that ca
HanesBrands Inc. (NYSE:HBI) today provided details for its third-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, November 7, 2024. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended September 28, 2024. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIa347ba7fd18c435485bb777041f4826d Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can b
Reports better-than-expected fourth-quarter and full-year 2024 results. Announced agreement to exit Champion Japan license and moved business to discontinued operations in fourth-quarter 2024. Results not directly comparable to prior guidance--see earnings handout for additional information. Net sales for the quarter of $888 million increased 4.5% over prior year, or 3.8% on an organic constant currency basis. GAAP and Adjusted operating margins for the quarter were 13.5% and 14.2%, respectively, an increase of 240 and 300 basis points, respectively, compared to prior year. GAAP earnings per share (EPS) of $0.13 and Adjusted EPS of $0.17. Generated full-year cash flow from o
Board Initiates Search for Hanes' Next CEO Steve Bratspies to Continue as CEO and Director Until Year-End or Successor Appointed HanesBrands (NYSE:HBI), a global leader in iconic apparel brands, today announced that Steve Bratspies will depart as Chief Executive Officer of the Company at the end of 2025, or upon the appointment of his successor. As part of the Company's leadership succession planning process, the Board has begun a comprehensive search to identify the Company's next CEO and has retained Spencer Stuart, a leading executive search firm, to support its work. Bratspies will step down from the Board of Directors concurrent with the end of his tenure as CEO. He will stay on in
HanesBrands Inc. (NYSE:HBI) today provided details for its fourth-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, February 13, 2025. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended December 28, 2024. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIf1103633125944b797acafd899af3816 Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that ca
Reports better-than-expected fourth-quarter and full-year 2024 results. Announced agreement to exit Champion Japan license and moved business to discontinued operations in fourth-quarter 2024. Results not directly comparable to prior guidance--see earnings handout for additional information. Net sales for the quarter of $888 million increased 4.5% over prior year, or 3.8% on an organic constant currency basis. GAAP and Adjusted operating margins for the quarter were 13.5% and 14.2%, respectively, an increase of 240 and 300 basis points, respectively, compared to prior year. GAAP earnings per share (EPS) of $0.13 and Adjusted EPS of $0.17. Generated full-year cash flow from o
HanesBrands (NYSE:HBI), a global leader in iconic apparel brands, today announced that Sharilyn Gasaway has been appointed to the Company's board of directors. Gasaway's term runs through the 2025 annual meeting of stockholders, and she will serve on the Audit Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240710730712/en/HanesBrands announced that Sharilyn Gasaway has been appointed to the Company's board of directors. Gasaway's term runs through the 2025 annual meeting of stockholders, and she will serve on the Audit Committee. (Photo: Business Wire) Gasaway brings experience from her time at Alltel Corporation wher
Chair Mary J. Guilfoile, Who Has Served With Distinction, to Step Down Following the 2024 Annual Meeting William S. Simon and Jill Sutton, Who Collectively Possess Experience in Capital Allocation, Corporate Governance and Transformations, Have Been Added to the Board Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Mary J. Guilfoile will step down as Chair and retire from the Board of Directors (the "Board") following the 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The Board will elect a new Chair following Ms. Guilfoile's retirement. Add
SCHEDULE 13G/A - Hanesbrands Inc. (0001359841) (Subject)
10-K - Hanesbrands Inc. (0001359841) (Filer)
8-K - Hanesbrands Inc. (0001359841) (Filer)
4 - Hanesbrands Inc. (0001359841) (Issuer)
4 - Hanesbrands Inc. (0001359841) (Issuer)
4 - Hanesbrands Inc. (0001359841) (Issuer)
UBS upgraded Hanesbrands from Neutral to Buy and set a new price target of $11.00 from $9.00 previously
Credit Suisse downgraded Hanesbrands from Outperform to Neutral and set a new price target of $7.00 from $10.00 previously
Wells Fargo downgraded Hanesbrands from Overweight to Underweight and set a new price target of $5.00 from $13.00 previously